"The Knack for Getting Money" was a very popular post yesterday. In it, we looked at the success of two people with a real knack for making money - Judd Weiss and 50 Cent. I invited both of them to comment, and Judd kindly wrote this up. Here's Judd:
The Knack for Getting Money is a broad matter that cannot be fully understood from a sound bite, but I can say a few things.
I don’t know what a hangup for making money is. I try to offer something people will willingly pay for, and then they pay for it. What’s to be hungup about?
After years of pushing people (and my employees) to get out there and do more and become greater; perhaps the most significant trait that I’ve noticed, more than intelligence and skills, is that they’re genuinely excited.
It’s helpful to look at abnormal achievers in other fields. Sports always serves as a quick visual example. Why did that basketball player bother to get so good playing a game? Why did a body builder put so much muscle on his body? Why do some men consciously work to sleep with a ridiculous number of women? Why do some guys knock it out of the park with their income?
Derek Sivers is holding a one-time class to teach you the "magic touch" in business, with examples, war stories, and lessons you can apply right now to do better by your customers and profit as a result of it -- and all the proceeds will go to charity.
The class will be on February 19th at 5PM California time (8PM East Coast). You can find out more at GiveGetWin by clicking here.
The Mentality Behind the Magic Touch; Derek Sivers interviewed by Chiara Cokieng
Derek Sivers sold CDBaby for $22 million dollars in 2008. In this interview, he explains what he's been doing now, how he's engaged with his new projects, and -- most excitingly for business owners and entrepreneurs -- the mentality behind the "magic touch" he had that made CDBaby so loved by its customers, and a huge part of how it grew so quickly. Here's Derek --
In 2008, when I sold CDBaby, I was about to start a new company immediately. Literally the day after I sold CDBaby, I was ready to start my next company. I incorporated it, I started programming, got a few months into building it, and then realized that if I were to do that, I wouldn’t be making any real change in my life.